When Lu Feng first discovered this debt, he had already called a meeting with all the senior executives in his office. Now, it must be cash on delivery, no matter who it is, even if it's their own full salary.
Because once you owe money, it's extremely difficult to get it back. Not to mention private enterprises, many state-owned enterprises, such as Gree, were bogged down by debt in the early 1990s.
That's how Miss Dong took on the task of going to Hefei to collect the debt.
As long as you're willing to extend credit, someone will be willing to take the goods. As for asking for payment? Just wait and see. Countless companies have been dragged down and gone bankrupt by this kind of debt. Cash on delivery is the most profitable arrangement for a company.
Lu Feng went to collect the money in person because he was afraid that other distributors would find out and think, "You're extending credit to outsiders, but we're all on the same side. It wouldn't be right for you not to extend credit to me, would it?"
Once this loophole is opened, countless people will shamelessly try to get credit in various ways, and it must be plugged, especially for cash-strapped companies like Jiafeng Electronics.
Lu Feng had a clear understanding of the company's financial situation: "It's fine for me to owe others, but it's not acceptable for others to owe me!"
Before setting off, Lu Feng went to the new factory and met with He Jiale. He urged He Jiale to pay the 30 million yuan, but He Jiale said that the finances were tight and he would have to wait a while.
Lu Feng visited the factories near the industrial park. He Jiale was already promoting the supporting industries related to VCD, especially in areas such as raw materials for optical discs, optical disc production, VCD accessories, electronic components, and some tools for repairing electronic products.
With the help of Jinbao VCD, he attracted a large number of medium-sized enterprises. With the arrival of Jiafeng Electronics, the glory that once shone on Huang Youwei's hat gradually shifted to He Jiale's head.
Now, He Jiale always greets Lu Feng with a smile, and even when getting into the car, he lets Lu Feng get in first, and the two of them are very polite to each other for a long time.
The new factory has fully resumed its three-shift production model. Lu Feng emphasized aspects such as product quality supervision, safe production, corporate culture, and improved management.
Two days later, Lu Feng received the original contract, bills, and other receipts, and booked a flight to Liaoning. This time, only Lu Feng and Feng Zhiyao were on the flight.
The day before she left, Zhang Fengxia sat in her office and teased Feng Zhiyao, saying, "Your dad really made the right investment. He takes you everywhere he goes, and he's practically teaching you step by step."
What comes to mind when you think of Northeast China?
If you ask this question to young people more than 20 years from now, they will tell you about live streaming, shouting, "old buddy," and being generous. But now, Northeast China is the pearl of the North.
Nowadays, besides being wealthy, many people still associate Northeast China with the image of a place where people could easily catch roe deer with sticks and scoop fish with ladles. It was the eldest son of China's industry, a gathering place for large state-owned enterprises, a hub for major universities, and also the region where the family planning policy was most strictly enforced.
After 1995, with the influx of foreign investment into coastal trade, southern cities began to surpass the Northeast in per capita GDP. This was the last glorious moment for the Northeast. Every Northeasterner who left the Northeast at this time, no matter which city they went to, would proudly speak of their hometown in their accent.
After 1995, the reform of state-owned enterprises entered a deep-water zone. Except for some extremely important state-owned enterprises that remained unchanged, the others underwent mixed-ownership reform, and severe pain began to emerge. It was also at this time that the population began to flow out, southern cities rose, and after the mass layoffs, a large number of people flowed to the south to seek a way out.
The migrant worker wave began, and during this period, the currency depreciated, the global situation was unstable, and prices began to soar. However, the wages of companies in the south, due to their larger population, actually decreased significantly compared to before.
A large number of foreign investors saw the cheap labor dividend, coupled with the completion of the first industrial upgrade, the initial infrastructure construction, and the initial formation of supporting industries. Foreign investors transferred low-industry, high-density production industries from the Four Asian Tigers to coastal cities, further absorbing this group of laid-off workers and forming a virtuous cycle in the employment market.
Looking back more than 20 years from now, it seems that everything was given by foreign capital. As long as we open up, that's all that matters. If it weren't for the first industrial upgrade, those foreign companies wouldn't have come!
This country has taken every step of its own making, one step at a time. When the flowers bloom and attract butterflies, the butterflies gather nectar, then turn around and say that it was their presence that caused the flowers to bloom—how utterly shameless!
Lu Feng, sitting on the plane, was a little confused. He leaned back in his seat and closed his eyes to rest. Feng Zhiyao next to him looked outside. He had heard his father talk about Northeast China many times, but he only knew that it was cold. He didn't know much else. Mr. Feng had only told him that his ancestors had left their hometown due to war and migrated south.
Unexpectedly, after several generations, they moved to Hong Kong, which can be described as a life of wandering and displacement.
In mid-April, the air in Liaoning was still cold. As the plane was descending, Lu Feng saw snow still piled up in the fields in the distance.
Feng Zhiyao looked outside curiously, then turned to Lu Feng and said, "Brother Feng, it looks so cold."
"It should be around zero degrees, not bad," Lu Feng said casually.
“Brother Feng, I’ve noticed that we always fly economy class when we travel, which is a bit uncomfortable. First class doesn’t cost much.” Feng Zhiyao said, stretching his body.
"You're always complaining and finding fault. Do you know how many people these days have never even seen a plane, let alone flown on one?" Lu Feng said irritably. "At your age, 99% of people have only one connection to airplanes."
"What?"
"Let's fight!" Lu Feng said, unbuckling his seatbelt. "Get off the plane!"
As soon as I got off the plane, a blast of cold air hit me. I had prepared warm clothes beforehand, but I still felt a little uncomfortable at first.
The two companies that owed the money were both steel groups, one being Beigang and the other Bengang. Their subsidiaries had collectively purchased a batch of television sets for use as housing for their internal employees, which was considered a form of welfare.
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